Author: SGB Media

NPD: Athletic Footwear Consumer Spending Climbs 3.1%

March 2, 2005 SGB Update

Consumer spending for athletic footwear rose 3.1% to $16.4 billion in 2004, according to research by The NPD Group. Consumers actually purchased 4.5% more pairs of athletic shoes in 2004 than the year before, but spent an average of 1.6% less for each pai

PacSun February Comps Climb 10.5%

March 1, 2005 SGB Update

Pacific Sunwear of California total sales for the four weeks of February, 2005 were $83.1 million, an increase of 22.7% over total sales of $67.7 million for the four weeks of February of fiscal 2004. Company same-store sales increased 10.5% for the compa

PacSun Q4 Income Climbs 19% with 5.1% Comp Sales increase

March 1, 2005 SGB Update

Pacific Sunwear of California net income for the fourth quarter increased 19% to $40.9 million compared to $34.5 million for the fourth quarter of fiscal 2003. Total sales for the fourth quarter of fiscal 2004 were $379.7 million, an increase of 16.2% ove

New Balance Launches New Ad Campaign

March 1, 2005 SGB Update

New Balance has launched a new ad campaign designed to “celebrate the pure motivation and effort of athletes who play for personal reasons.” The company stated that the it will reinforce the brand’s long-time dedication to performance with the launch of

Scott USA Adds to New England Sales Force

February 28, 2005 SGB Update

Realizing a successful New England season, Scott wintersport has ramped up their efforts leading into the 2005-2006 season. New England sales representative Peter Kidd welcomes Adam Sink and Lauren Knox to assist in all Scott product lines; goggles, glov

Patagonia to open St. Paul, MN Store

February 28, 2005 SGB Update

The High Winds Fund of Macalester College in St. Paul, MN has selected Patagonia as the tenant for its property at 1648 Grand Avenue. Most relevant to this event, Patagonia has worked diligently to utilize sustainable construction techniques in the buildi

Nautilus Appoints New CFO

February 28, 2005 SGB Update

Nautilus has promoted Bill Meadowcroft to chief financial officer effective March 31, succeeding Rod Rice who is retiring March 31 after 11 years with the company. Meadowcroft joined Nautilus in 2000 and has served as the company's principal accounti

Gander Inks New $225 Million Credit Facility

February 28, 2005 SGB Update

Gander Mountain announced the signing of a new credit facility for $225 million with Fleet Retail Group, Inc., a Bank of America company. The facility may be increased to $300 million subject to certain terms and conditions. This facility expands and exte

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